Chemring Group plc (LON:CHG) has earned an average recommendation of “Buy” from the six research firms that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 207.67 ($2.79).

CHG has been the topic of a number of analyst reports. Peel Hunt initiated coverage on shares of Chemring Group in a report on Tuesday, October 31st. They issued an “add” rating and a GBX 185 ($2.49) target price on the stock. Liberum Capital restated a “buy” rating and issued a GBX 225 ($3.03) target price on shares of Chemring Group in a report on Tuesday, November 14th. Finally, J P Morgan Chase & Co upped their target price on shares of Chemring Group from GBX 205 ($2.76) to GBX 210 ($2.83) and gave the stock a “neutral” rating in a report on Wednesday, November 15th.

Shares of Chemring Group (LON CHG) opened at GBX 178.25 ($2.40) on Wednesday. Chemring Group has a fifty-two week low of GBX 162 ($2.18) and a fifty-two week high of GBX 208 ($2.80).

ILLEGAL ACTIVITY NOTICE: “Chemring Group plc (CHG) Receives Consensus Rating of “Buy” from Brokerages” was posted by Watch List News and is owned by of Watch List News. If you are reading this news story on another site, it was stolen and reposted in violation of US and international copyright and trademark laws. The original version of this news story can be viewed at https://www.watchlistnews.com/chemring-group-plc-chg-receives-consensus-rating-of-buy-from-brokerages/1773658.html.